02/12/2008

Irish Fork Out For Fuel

Figures released by the European Commission show that the Irish pay almost a quarter more than the European average for fuel.

In their weekly oil bulletin surveying the price of petroleum products in EU, pre-tax prices for petrol in Ireland on November 24th last were 24% higher than the European Union average.

The report shows that Irish consumers now pay on average 8.7 cents more for a litre of petrol than their European Union neighbours, 9.1 cents more for a litre of diesel and 9.3 cents more for a litre of home heating oil.

According to Fine Gael's Finance Spokesman Richard Bruton the difference in prices for November grew in October, which meant Irish producers were not passing on the fall in global oil prices as quickly as their European counterparts.

In other bad news

In other bad news for motorists, the cost of on-street parking in Dublin city centre has increased by up to 20 cents an hour as of yesterday.

Parking charges in the yellow zone which runs from Parnell Street on the northside to Ballsbridge on the southside are now €2.90 following the increase.

(DW)

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